As part of the Paycheck Protection Program VERDE ELECTRIC CORP was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

VERDE ELECTRIC CORP


Loan Amount	$6,383,400
BusinessName	VERDE ELECTRIC CORP
Address	89 EDISON AVE
City	MOUNT VERNON
State	NY
Zip	10550
NAICSCode	238210
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	0
DateApproved	04/05/2020
Lender	People's United Bank, National Association
CD	NY-16
BusinessName.clean	VERDE ELECTRIC CORP

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

VERDEGAAL BROTHERS
VERDEGO
VERDEX CONSTRUCTION
VERDI ONCOLOGY
VERDIGRIS VALLEY ELECTRIC COOPERATIVE